GLEN Industries IPO Allotment Status

How to Check GLEN Industries IPO Allotment Status?

GLEN Industries Limited, incorporated in 2007, is engaged in the manufacturing of eco-friendly food packaging and service products, specializing in producing thin-wall food containers and compostable straws, serving sectors such as Hotels, Restaurants, Cafés/Catering (HoReCa), the beverage industry, and food packaging, committed to meeting growing demand with a new 90,000 sq. ft. manufacturing facility in Dhulagarh, equipped with advanced machines and skilled staff to enhance production and quality, exporting products to Europe, USA, Australia, the Middle East, and Africa, tailored to local preferences with over 25 loyal customers reflecting the company's commitment to quality and consistency, producing Thin-Wall Food Containers with capacity expanding from 80 MT/month in 2011 to 665 MT/month by 2022 and Compostable Straws including paper and PLA straws introduced in 2019 with capacities of 95 MT/month and 160 MT/month respectively, employing 306 permanent employees as of May 31, 2025.

The GLEN Industries IPO comes with a total issue size of ₹63.02 crore, comprising entirely a fresh issue of 64.97 lakh shares. The IPO opened on July 8, 2025, and closed on July 10, 2025. The allotment for the GLEN Industries IPO is expected to be finalized on Friday, July 11, 2025. The GLEN Industries share price is set at ₹97 per share (fixed price).

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Steps to Check GLEN Industries IPO Allotment Status on Registrar Site

• Visit the Kfin Technologies Limited website 
• Select "GLEN Industries IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check GLEN Industries IPO Allotment Status on BSE SME

• Navigate to the BSE IPO Allotment Status Page
• Choose "GLEN Industries IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

GLEN Industries IPO Subscription Status

GLEN Industries IPO received exceptional investor interest, being subscribed 260.28 times overall. The subscription showed overwhelming confidence across all categories in the GLEN Industries stock price potential. Here is a category-wise breakdown of the subscription as on July 10, 2025:

• Retail Category: 225.15 times
• Non-Institutional Investors (NII): 476.25 times
• QIB Category: 192.46 times

GLEN Industries Share Price and Investment Details

The GLEN Industries stock price is set at ₹97 per share (fixed price) with a minimum lot size of 1,200 shares. The minimum investment required for retail investors is ₹2,32,800 for 2 lots (2,400 shares), while HNI investors need to invest a minimum of ₹3,49,200 for 3 lots (3,600 shares). The issue includes a reservation of up to 1,53,600 shares for employees offered at a discount of ₹5.00 to the issue price. 

Utilisation of IPO Proceeds
 

The funds raised through the IPO will be utilised as follows:

• Setting Up New Manufacturing Facility: ₹47.73 crore
• General Corporate Purposes: Remaining amount

Business Overview

The company operates in eco-friendly food packaging and service products manufacturing having been in this business since 2007, specializing in thin-wall food containers and compostable straws for HoReCa, beverage industry, and food packaging sectors. GLEN Industries operates primarily in the sustainable packaging sector, providing innovative products including Thin-Wall Food Containers and Compostable Straws made from paper and PLA materials through experienced promoters, management and operating team, established relationships with customers, advanced in-house processing facilities with focus on cost competitiveness, quality assurance, and customization capabilities with strong export presence across Europe, USA, Australia, the Middle East, and Africa.